Poor operational performance impacts b/s in FY19 Rupa reported yet another tepid performance with revenue growth of mere 3.1% YoY to | 1154.7 crore in FY19. In a bid to enhance the share in growing premium menswear segment, the company undertook various licencing of international brands. However due to intense competitive scenario (Van Heusen from ABFRL and CK in Arvind), the management has been unable to scale up its business as per expectations. Higher incentives offered by competitors have negatively impacted the offtake from dealers. Oban...